Is Holiday City, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Holiday City has remained a Seller's Market.
Housing Prices in Holiday City, NJ
How much do homes in Holiday City, NJ cost?
Median Sold Price
$309,000
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Holiday City was $309,000 in May 2024, up 8.5% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $240K | - | N/A |
2 Bedrooms | $281.8K | $306.7K | +8.8% |
3 Bedrooms | $360.5K | $369.9K | +2.6% |
4 Bedrooms | $475K | $565K | +18.9% |
5+ Bedrooms | - | $429K | N/A |
Summary: Holiday City housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 18.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Holiday City at Berkeley | $260K | $295K | +13.5% |
Holiday City South | $285K | $310K | +8.8% |
Holiday City | $284.8K | $309K | +8.5% |
Silver Ridge Park West | $275K | $285.1K | +3.7% |
Silver Ridge Park | $282.5K | $285.2K | +1.0% |
Housing Supply in Holiday City, NJ
How many homes are available in Holiday City, NJ?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
186 | 178 | -4.3% |
Summary: The Holiday City real estate market had 178 homes for sale in May 2024, a 4.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 180 | 172 | -4.4% |
3 Bedrooms | 4 | 4 | 0.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Holiday City housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 4.4%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
58 | 42 | -27.6% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 42 homes were sold or pending in Holiday City in May 2024, down by 27.6% month-over-month. Of the 42 sold homes, 55% were sold under asking, 19% were sold at asking, and 26% were sold over asking.
Days on Market for Holiday City, NJ
How long does it take to sell a home in Holiday City, NJ?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
23 Days | 50 Days | +115.0% |
Summary: Homes in Holiday City had an average of 50 days on market in May 2024, up by 115% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During May 2024, 42 homes were sold in Holiday City; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.